Technology news for Australia's largest enterprises
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Datacom expands fintech footprint with $20m deal
Finzsoft’s professional services team will move to Datacom, although customer contracts will remain with Finzsoft.
Pakistani telco inks data center hosting deal with nation's largest ATM network
“PTCL’s customer-centric strategy coupled with its modern & reliable network is the first choice for enterprises to avail one-window ICT solutions.”
More than the money: The future potential of blockchain
Blockchain is more than a buzzword thrown around in banking circles; it’s the future of distributed security.
Interview: zipMoney on disrupting the consumer credit market & that $40m Westpac investment
They knew that Australian consumers were unhappy with credit cards and other debt facilities - especially millennials.
How Australia leads mobile disruption of banking and financial services
Apps provide an opportunity to streamline services and offer added convenience to users. App Annie’s Jaede Tan offers tips on how to flourish in the
Lax mobile security attitudes put banking & finance sectors at risk
"There are many creative social engineering exploits that will fool even the most cautious financial executive."
John Key’s next big venture - ANZ gets a new chair & board member
“The National Bank and ANZ brands and technology systems were successfully merged in 2012 and the business has grown significantly.”
IBM announces global payments blockchain solution live in A/NZ, Pacific Islands & UK
The solution is run from the IBM Blockchain Platform on Hyperledger Fabric and was built in collaboration with Stellar.org.
Intel and BNZ use AI to detect money laundering
In 2016 alone, approximately 15.4 million consumers were victims of identity theft or fraud, resulting in $16 billion in losses.
Salesforce cloud tech helps banks fix customer loyalty problem
Over one-third of banking customers are “hidden defectors,” meaning they purchase products or services from a competitor of their primary bank.
Fintech disrupting international payments industry by ditching SWIFT network
InstaREM’s service differentiates itself in two ways: it’s transparent about the cost, and doesn’t take a cut of the money transferred as fees.
‘Banking for blockchain’ platform raises AUD$37m in pre-ICO round
Bankera’s ‘digital bank’ will provide traditional banking and investment banking services to the blockchain marketplace including payments and loans.
The world's most sustainable bank named - and it's Aussie
“Some people think sustainability is purely about environmental initiatives, but it’s also about addressing social and economic issues.”
EMOTET banking malware returns with a wider scope & vengeance
The EMOTET banking malware has emerged with a wider target scope than ever before, three years after it was originally found.
Immediate payments: The fraud threats and solutions
With immediate payments coming to Australia later this year, local banks and credit lenders need to be increasingly aware of the heightened risks.
ANZ awarded best small business bank by CANSTAR
“Specialist business banking is essential for the success of our SMEs and the critical role they play in our economy.”
Open banking - Australia, behind the eight ball, report says
Many understand that Open Banking is the new normal, but they are still unclear about how to proceed.
Collaboration, not competition - key to success for Aussie FinTech sector
The report finds that technology giants such as Apple and Amazon threaten the emerging FinTech industry and Australia’s traditional banking sector.
Separating fintech noise from reality - Gartner
The ongoing hype around fintechs affects bank CIOs’ ability to engage with them.
RBNZ reviewing 4.5% 'neutral' monetary policy setting
Work is underway to review what the central bank thinks is a neutral setting - where the OCR neither stimulates nor holds back economic growth.